Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property
Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Fannie Mae Servicing Guide E-2.3-02 — Addressing Individuals with Fractional Interests in a Security Property
E-2.3-02, Addressing Individuals with Fractional Interests in a Security Property (11/12/2014) When it appears that a fractional interest in a property has been conveyed and a petition for bankruptcy filed solely for the purpose of delaying foreclosure proceedings, the servicer must ensure the law firm prepares a Motion for Relief from Automatic Stay pursuant to Section 362(d)(4), if appropriate. Any orders obtained must be immediately recorded in compliance with applicable state laws governing notices or interests or liens in real property so they will be binding in future cases involving the same property for a two-year period. Recent Related Announcements There are no recently issued Announcements related to this topic. Published May 13, 2026 432